Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
A $316 million operating budget – representing an increase of just under 4% from the 2019 spending plan – will be the subject of a Nov. 20 briefing by the federal credit union regulator, the […]
A “phase in” of a court’s ruling allowing expanded credit union membership eligibility got underway Thursday when the federal credit union regulator proposed new rules, despite the banking industry’s vow to continue to try and […]
The basis for measuring the regulatory limit on non-member and “public unit” shares will change under a new rule approved by the federal credit union regulator board Thursday, essentially giving federally insured credit unions (FICUs) […]
A requirement that federally insured credit unions must advertise any deposit or savings account insurance they have in excess of federal insurance would be extended under filings made by the federal credit union regulator Wednesday. […]
Thursdays will continue to be the meeting day of choice in 2020 (as it was in 2019) for the board of the federal credit union regulator, according to a schedule released Friday – and eight […]
A final rule on non-member shares and a rulemaking on credit union membership are on the agency for next week’s meeting of the board for the federal credit union regulator, according to the agenda for […]
It’s a “prudent course” to delay to 2023 the “current expected credit loss” (CECL) standard for small reporting companies – such as credit unions – the board chairman of the federal credit union regulator said […]
A proposed interagency policy statement in response to the impending, new “current expected credit losses” (CECL) accounting standard and addressing allowance for credit losses (ACLs) at financial institutions was issued by the federal banking agencies […]
A proposal to delay, by two more years, a “risk-based capital” rule for complex credit unions is at the top of the list of accomplishments issued Tuesday by the board chairman of the federal credit […]
Changes to regulatory requirements for federally insured credit unions’ annual supervisory committee audits, adopted by credit unions’ federal regulator last month, are set to take effect Jan. 6, according to a Federal Register notice published […]
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